
Jet Protocol JETPrice N/A
JET Price
General Info
Contracts/Explorers:
Solana
Funds and Backers
Jet Protocol (JET) Chart
IEO
13 Oct 2021 — 13 Oct 2021
Raised
$ 144.00K
Price:
$ 0.04
Tokens For Sale:
3,600,000
Platform:
N/A
ATH ROI:
18.4x +1,740%










What is Jet Protocol (JET)?
Jet Protocol is an open source, non-custodial, borrowing and lending protocol on the Solana blockchain. The Jet Protocol allows users to deposit supported tokens to receive interests back to incentivize participation. The deposits exists in a pool that serves to users looking to take out a loan in supported tokens. A Jet user can borrow against over-collateralized debt positions and may incur debt up to governance mandated debt ratios.
JET Token is a utility token having SPL standard (Solana blockchain) which provides the two following primary use cases:
- Governance voting rights to change and upgrade Jet Protocol;
- Tiered usage benefits of Jet Protocol earned by locking up JET.
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